Daley to Head Strategic Growth at Raymond James Advisor Division
Daley joins Raymond James’ Investment Advisors Division from Fidelity; Hedtke succeeds Carsten Quitter, who will join Allianz in Italy as chief investment officer.
Financial Abuse Starts With Friends and Family, Not Strangers
Americans think they have a clear idea of where financial abuse against seniors starts, but they are wrong, a survey from Allianz Life found.
Allianz: One-Third of ‘Transition Boomers’ Unsure About Retirement Income
The survey also found that one-quarter appear to be uninformed about the effects of inflation.
The Hartford Breakup: What It Means for Woodbury Reps
“It’s part of a trend of large insurance companies parting ways with their broker-dealers,” a research director with FA Insight said.
New Hire Roundup: PIMCO Welcomes Johnson; Cepek Rises at Allianz
This week in new hires, Geoffrey Johnson joined PIMCO; Gretchen Cepek was promoted at Allianz Life; and Kimball Brooker was named portfolio manager at First Eagle.
New Hire Roundup: Reinhart Joins Wealthcare Capital, Bowden Goes to SEC
This week in new hires, Len Reinhart joined Wealthcare Capital’s board, Andrew J. Bowden was appointed the SEC’s new associate director of advisor exams, and the Senate confirmed Luis Aguilar and Daniel Gallagher as SEC commissioners.
Burning the midnight oil
In light of the AIG uproar, broker/dealer Woodbury Financial Services announced it will cancel upcoming "lavish" incentive trips due to the current economic crisis. The...
Does Your Broker/Dealer Stand Behind You?
It's all too easy to partner with a broker/dealer in an up-market. Clients are happy, returns are generated and everyone's making money. But what happens...
The B/D Exemption Rule Is Gone, What's Next?
Now that the Broker/Dealer Exemption Rule 202(a)(11)-1 which exempted brokers from regulation as an investment advisor even when they were being paid fees for investment...
New President for Woodbury Financial Services
Walter White was named president of Woodbury Financial Services, in Woodbury Minnesota, succeeding Brian Murphy, who will be chairman of Woodbury Financial and was in...